The business of wealth management demands a disciplined professional approach with clear objectives.

Wealth Management is more than just investments. It
encompasses a broad range of services and uses a comprehensive,
integrated approach in order to accumulate and grow assets,
while preserving, protecting, utilizing and (potentially)
transitioning them in a tax efficient manner to future
generations and charitable causes. Many firms today are
advertising a "Wealth Management" service, however for affluent
families and business owners, Wealth Management requires a high
level of sophistication and complexity that most firms are
simply unequipped to provide. Select Portfolio Management, Inc.
is a veteran in providing sophisticated financial services and
delivers an authentic and satisfying Wealth Management
experience to it's clientele.

The most powerful differentiator is the Wealth Management firm’s
ability to develop an integrated overall strategy and implement
it. It doesn’t matter whether the implementation is through the
Wealth Management firm, one of their strategic partners or one
of the client’s existing professional advisors. What matters is
whether a well designed comprehensive strategy and plan is
created and implemented. In essence, a good Wealth Management
firm will help their clientele define what their overall
financial objectives are and the timeframe they want to
accomplish them, from both a professional and personal
perspective. Then, they help them develop a comprehensive and
integrated plan, but more importantly, implement the plan, with
the client being the owner of the plan and the Wealth Management
firm taking the role as the “general manager."

Today’s affluent individuals need a comprehensive and integrated
wealth management approach. Wealth Management delivers a
consultative and integrative approach compared to traditional
firms which tend to focus on a single product or area of
specialty.

Some of the aspects that differentiate Wealth Management firms
are:

Single point of contact for a broad range of
comprehensive wealth management services

Consultative approach that helps educate the client
during the comprehensive wealth management design and
implementation process

A personal, flexible and
customized approach – one approach does NOT fit all
Coordination with other advisor professionals

Keeping the client more involved throughout the process
and ultimately more in control of deciding the best approach
for them

Single point of contact for a broad range of comprehensive
wealth management services
Consultative approach that helps educate the client during the
comprehensive wealth management design and implementation
process
A personal, flexible and customized approach – one approach does
NOT fit all Coordination with other advisor professionals
Keeping the client more involved throughout the process and
ultimately more in control of deciding the best approach for
them

Some of the core services of most Wealth Management firms are:

Investment Management

Financial Planning

The more advanced Wealth Management companies also have
strategies for:

Tax Reduction Planning

Asset Protection

Charitable Giving

Selling appreciated investment property

Deferred Executive Compensation Planning

Family Owned Business Planning

In addition to providing high-level expertise and a
comprehensive range of services, Wealth Management firms
differentiate themselves in the way they link a
multi-disciplinary planning process with the client’s vision and
purpose…taking into account a family’s aspirations as well as
its assets.